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In 1996, Feeney and a partner sold their stakes in DFS to the French luxury conglomerate Louis Vuitton Moët Hennessy. [14] Miller opposed the sale, [ 14 ] and, before a presumptive lawsuit could reveal that Feeney's stake was owned not in fact by him but by the Atlantic Philanthropies, Feeney outed himself in a New York Times article.
DFS Group (DFS) (Chinese: 迪斐世) is a global travel retailer of luxury products based in Hong Kong. Established in 1960, its global network consists of stores located in major global airports and downtown locations featuring over 750 brands.
Charles “Chuck” Feeney made much of his riches selling booze, cigarettes and perfume — and gave nearly all of it away before he died. ... The co-founder of the Duty Free Shoppers Group (DFS ...
The Atlantic Philanthropies was a limited-life foundation (following plans for a spend-down put forward in 2002), [15] which stated it would close its doors upon the successful completion of its task of giving away to charity all of founder Chuck Feeney's fortune (except for $2 million he had set aside decades earlier for the retirement of ...
Charles “Chuck” Feeney, a retail entrepreneur and investor who amassed a multibillion-dollar fortune and then gave it all away, has died. He was 92. Charles Feeney, retail entrepreneur who ...
He was the billionaire who gave it all away. Charles “Chuck” Feeney made much of his riches selling booze, cigarettes and perfume. The co-founder of the Duty Free Shoppers Group died on Oct. 9 ...
The programme was launched in 1998, a "quantum leap to help create a knowledge economy" attributed to the vision of Irish-American businessman Chuck Feeney, founding chair of Atlantic Philanthropies. Atlantic and the government developed the plan for the funding model, [1] and the first funding under the scheme was awarded in 1999. [2]
He also urged wealthy individuals to be a bit more generous with their giving, drawing on the example of Chuck Feeney, a billionaire philanthropist who made his fortune off of duty-free sales.